National Instruments Corporation (NASDAQ:NATI) Q4 2022 Earnings Conference Call January 31, 2023 5:00 PM ET

Company Participants

Marissa Vidaurri - VP, IR

Eric Starkloff - President and CEO

Daniel Berenbaum - CFO

Karen Rapp - Strategic Adviser to the CEO

Conference Call Participants

Angela Jin - JPMorgan

Rob Mason - R W. Baird

Meta Marshall - Morgan Stanley

Mark Delaney - Goldman Sachs

David Kelley - Jefferies

Damian Karas - UBS

Operator

Thank you for standing by, and welcome to the NI Q4 2022 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference call is being recorded.

I would now like to turn the conference to your host, Ms. Marissa Vidaurri, Vice President of Investor Relations. Please go ahead.

Marissa Vidaurri

Thank you. Good afternoon. Thank you for joining our Q4 2022 earnings call. I'm joined today by Eric Starkloff, President and Chief Executive Officer; Daniel Berenbaum, Chief Financial Officer; and Karen Rapp, Strategic Adviser to the CEO.

We will start with an update on our performance in the quarter before opening it up for your questions. Our discussion today will include forward-looking statements, including, without limitation, those regarding the company's expectations of meeting or exceeding financial targets, its capital allocation, financing and investment plans, the payment of its quarterly dividend and its future business outlook and guidance, including demand for its products, ability to realize revenue from backlog, future results of acquired companies, execution of growth strategies and the outcome of the company's restructuring activities and strategic alternatives process.

We wish to caution you that such statements are just predictions and that actual events or results may differ materially and could be negatively impacted by numerous factors. We refer you to the documents that the company files regularly with the Securities and Exchange Commission including the company's annual report on Form 10-K filed on February 22, 2022, and the subsequent quarterly reports on Form 10-Q. These documents contain and identify important factors that could cause our actual results to differ materially from those contained in our forward-looking statements. We assume no duty to update any forward-looking statements to conform the statement to actual results or changes in our expectations.

A reconciliation of our non-GAAP financial measures disclosed in this call to the most directly comparable GAAP financial measures or related disclosures are contained in our quarterly presentation deck on ni.com/nati. You can find the press release and quarterly presentation to supplement today's discussion on our website at ni.com/nati.